LANSING (WWJ) -- Michiganders could soon be getting inflation relief checks as part of a new plan from Lansing Democrats.
Michigan Democratic leaders announced Friday that they've agreed to a framework for the so-called "Lowering MI Costs" plan.
According to a release issued by Gov. Gretchen Whitmer's office, the plan will repeal the retirement tax to save 500,000 households an average of $1,000 a year, increase the Working Families Tax Credit to put an average of $3,150 back into the pockets of 700,000 Michiganders, and deliver "inflation relief checks" to all Michigan taxpayers.
The relief checks would be in place of lowering the state's personal income tax.
“Michiganders sent a clear message in November. They want leaders who are going to get things done that help their families get ahead," said Whitmer, Senate Majority Leader Winnie Brinks, and Speaker Joe Tate, in a joint statement.
State Democrats are calling these proposed tax breaks the "largest tax breaks in decades."
“Right now, inflation has driven the cost up on everyday goods, which is squeezing household budgets and forcing families to forego necessities. That’s why they sent us to Lansing to lower costs and put more money back into people’s pockets," state Democratic leaders said, adding:
“We heard Michiganders loud and clear... It’s time to get this done because Michiganders deserve it, and with bipartisan support Michiganders will see more money in their bank accounts this year.”
Friday's release from Whitmer's office did not state a specific amount for the inflation relief checks.
Democrats will need some Republican senators to support the plan in order to get the needed two-thirds support in the chamber to allow the legislation to take effect.
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